2023-03-31-accounts - Invisible Dust

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Trustees' Report
Statement of Directors'	&Trustees'	Responsibilities
Independent Examiners'	Report		12
Statement of Financial	Activities
Balance sheet			14
Statement ofCash Flows			15
Notes to the financial statements			16

Officia name ofcharity:	Officia name ofcharity:	Officia name ofcharity:	Officia name ofcharity:	Officia name ofcharity:	Invisible Dust
Charity registration			number:		1171156
Company	registration			number:	07403737
Directors	and Trustees:				Feimatta Conteh (resigned 30 November 2023)
					Kane Cunningham
					Gillean Dickie
					Fiona Fieber (appointed		Chair 30 November	2023)
					Lacey Glave (resigned		23 April 2023)
					Magnus Johnson
					Susan Jones
					Rachael Palmer
					Ana Stanic
					Catherine Thornborrow		(resigned 23 February	2023)
Secretary:					Ms Alice Sharp
Registered		Office:			Woodend Creative	Space
					The Crescent
					Scarborough
					England
					YO11 2PW
Bankers:					The Co-operative Bank		pic
					PO Box250
					Skelmersdale
					WN8 6WT
Independent		examiners:			Hawsons Chartered	Accountants
					Pegasus House
					463a Glossop Road
					Sheffield
					S102QD

			Unrestricted	Restricted	2023	2022
		Notes	Funds F	Fund F	Totalf	Total
Incoming Resources
Grants, donations and legacies			183,462	187,980	371,442	450,446
Charitable activities			5,811	47,221	53,032	30,145
investment income			1		1
Total incoming resources			189,274	235,20'I	424,475	480,591
Resources expended
Raising funds Charitable activities Total resources expended		6 7	(1,199) ~373937 (174,236)	~, 298,779 (208,779)	(1,199) ~383.836 (383,015)	(660) ~623,769 (624,419)
Net incoming/(outgoing)	resources		15,038	26,422	41,460	(143,828)
Transfers
Net movement in funds			15,038	26,422	41,460	(143,828)
Funds brought forward			98,638	5,116	103,754	247,582
Funds carried forward
			'I13,676	3'I,538	145,214	103,754

				2023	2022
			Note	F	F
Net cash flow from operating		activities	14	(14,616)	(80,271)
Cash flow from investing	activities
Interest received
Net cash flow from investing		activities
Cash flow from financing	activities
Net cash flow from financing		activities
Net increase in cash and	cash equivalents			(14,615)	(80,271)
Cash and cash equivalents	at	1 April		153,993	234,264
Cash and cash equivalents	at	31 March		139,378	153,993

				Unrestricted	Restricted
				Fundsf	Funds 6	2023	2022f
	Supply ofservices under		contract		46,721	46,721	22,860
	Ticket income						6,585
	Advisory income and speaker fees			5,811	500	6,311	700
				5,811	47,221	53,032	30,145
	Analysis ofsupply ofservices under contract
	Kings College				9,202	9,202
	Dryden Goodwin				17,435	17,435
	The Albany —Breathe: 2022				19,686	19,686	15,460
	Other				398	398
	Wellcome Collection						7,400
					46,721	46,721	22,860
4.	Investment income
						2023	2022
	Unrestricted
	Bank interest	receivable
5.	Net incoming/(outgoing)		resources
						2023	2022
						F	F
	This is stated	after charging:
	Independent	examination	fees			3,720	4,680
6.	Raising funds
						2023f	2022 6
	Fundraising	costs				1,199	660
						1,199	660

Costs ofcharitable activi	ties by fund type
	Basis of	Unrestricted	Restricted	2023	2022
	allocation	Funds F	Fundsf
Costs directly allocated to activities
Non-programme staff	Direct		33,093	33,093	47,601
Programme staff	Direct	22,210	61,434	83,644	126,891
Programme costs	Direct		64,226	64,226	233,014
Marketing and PR	Direct		10,680	10,680	28,186
R&D and evaluation	Direct		100	100	3,006
Overhead costs	Direct		2,480	2,480	3,071
		22,210	172,013	194,223	441,769
Support costs allocated to activities
Management
Non-programme staff		106,678	36,766	143,444	120,371
Premises and general		33,963		33,963	30,877
overhead costs
Marketing		2,973		2,973	11,402
Research and development		3,440		3,440	13,947
Governance costs
Accountancy fees		3,720		3,720	4,680
Legalfees		53		53	713
Cost ofTrustees' meetings
Total support costs		150,827	36,766	187,593	181,990
Total Charitable activities	expenditure	173,037	208,779	381,816	623,759
	Note
Raising funds	6	1,199		1,199	660
Total expenditure
		174,236	208,779	383,015	624,419

Staff costs and Trustees' remuneration
	2023f	2022f
Wages and salaries	111,268	65,132
Social security costs	6,586	3,056
Pension costs	2,347	1,420
	120,201	69,608
Staff numbers
	2023	2022
Artistic programme
Core Staff

Analysi	s ofnet assets between	funds
2023		Unrestricted	Restricted
		Fundsf	Fundsf	Totalf
Current Current	assets liabilities	134,519 ~28.843	42,978 ~11,448	177,497 ~32,283
		113,676	31,538	145,214

	2022
						Restricted
					Unrestricted	Income
					Fundsf	Fundf	Totalf
	Current Current	assets liabilities			166,241 ~67,603	15,516 181,757 ~10,400 ~73,003
					98,638	5,116	103,754
10.	Debtors
	Due within one year:					2023f	2022f
	Trade debtors					22,713	13,246
	Prepayments		and accrued income			3,966	4,118
						26,679	17,364
	Due after one		year:				f
	Other debtors					11,440	10,400
						11,440	10,400
11.	Creditors
	Amounts	falling due		within one year		2023f	2022f
	Trade creditors					8,411	15,871
	Accruals	and	deferred	income		12,432	51,732
	Taxation	and	social security
						20,843	67,603
	Amounts	falling due		after one year
						f
	Other long term liabilities					11,440	10,400
						11,440	10,400

2023		Balance at	Incoming	Resources	Transfer	Balance at
		1 April	resources	expensed		31 March
		2022				2023
		6
Restricted funds
Art Encounters	Biennale		4,000	(612)		3,388
Art Science: Green Light			500	(500)
Art Science: other			9,202	(9,202)
programme
Breathe: 2022		116	37,519	(34,585)		3,050
Breathe for Ella			55,264	(55,264)
Capacity Building			36,766	(36,766)
Forecast 2023			7,683	(3,684)		3,999
Kenya ISR			10,000	(1,969)		8,031
SeaChange at the Royal Docks			16,200	(14,723)		1,477
UnNatural History		5,000		(5,000)
Wild Eye Phase	II		58,067	(46,474)		11,593
		5,116	235,201	(208,779)		31,538
2022		Balance at	Incoming	Resources	Transfer	Balance at
		31 March	resources	expensed		31 March
		2021f				2022 6
Restricted funds
Art Science: Green Light Art Science: other			11,796 2,627	(11,796) (2,627)
programme
Breathe: 2022			25,359	(25,243)		116
Capacity Building			40,032	(40,032)
Forecast: Living	Nature		28,456	(28,456)
Forecast: other	online		10,160	(10,160)
programme
UnNatural History		165,710	27,750	(188,460)		5,000
Wild Eye		750	148,981	(149,731)
		166,460	295,161	(456,505)		5,116

Restricted	funds (continued)
Art Science: other		Research support for future delivery ofthis programme strand.
programme
Breathe: 2022		A multifaceted artwork by air pollution scientist artist Dryden Goodwin
		working in conjunction with Invisible Dust and Imperial College. The work
		reimagines and extends Goodwin's seminal 2012Breathe artwork as an
		ambitious, multi-site flagship commission for Lewisham, London Borough of
		Culture.
Breathe for Ella		A new iteration ofartist Dryden Goodwin's Breather animation which was
		projected large-scale on London's South Bank in memory of 9-year-old Adoo-Kissa-Debrah on the 10"anniversary ofher passing. Ella was the	Ella first
		person in the world to have 'air pollution' listed as a cause ofdeath.
Capacity building		Build capacity, infrastructure and financial resilience.
Forecast 2023		An international hybrid symposium involving scientists, writers, artists and
		cultural commentators which explores new forms ofstorytelling responding
		to our climate's future. The centrepiece ofthe programme is an event to	be
		held at London's City Hall in May 2023 which will be followed by online
		events and include new commissions and talks.
Forecast: Living Nature		A three-day event series produced in collaboration by Invisible Dust and
		Flourishing Diversity in partnership with the British Library and Synchronicity
		Earth. The events considered the future ofhuman-nature relationships
		through a lens ofart, science and indigenous wisdom.
Forecast: other online		Invisible Dust's ongoing online programme exploring answers to the question
programme		'What is shaping how you think about the planet's future?'. Bringing together
		artists, scientists, thinkers and change-makers from across the globe,
		Forecast makes space for reflection and promotes fresh ways ofseeing	the
		world. For 2021/22, Forecast explored the relationship between human
		health and nature through a series of lunchtime art-science discussions.
Kenya ISR		Artist residency in Kenya organised with the Institute ofSustainable
		Resources (ISR)at University College London (UCL) and the Climate
		Compatible Growth programme at the Foreign Commonwealth and
		Development Office and Sarel Grayling, designer.
Sea Change at the Royal		Event curated by Invisible Dust and bringing together international artists
Docks		with leading UCL academics, inspired by research into sustainable
		responses to the climate emergency.
UnNatural	History	A new exhibition of international naturalists and artists to explore the role of
		the artist as an intrinsic part ofthe science ofnatural history, enabling our
		modern understanding ofecology, climate change, extinction and the threats
		to biodiversity. The exhibition is in partnership with the Herbert Art Gallery
		and Museum and is curated by Invisible Dust. Itforms part ofthe launch
		programme of Coventry UK City of Culture 2021.

Unrestricted	funds
2023		Balance at	Incoming	Resources	Transfer	Balance at
		1 April	resources	expensed		31 March
		2022f				2023f
Unrestricted	funds
General		98,638	189,274	(174,236)		113,676
		98,638	189,274	(174,236)		113,676
2022		Balance at	Incoming	Resources	Transfer	Balance at
		1 April	resources	expensed		31 March
		2021f				2022f
Unrestricted	funds
General		81,122	185,430	(167,914)		98,638
		81,122	185,430	(167,914)		98,638

			2023	2022f
Net incoming/(outgoing) Interest receivable	resources		41,460 (1)	(143,828)
Net incoming/(outgoing)	resources	from operations	41,459	(143,828)
(Increase)/decrease in (Decrease)/increase in	debtors creditors		(10,355) (45,720)	59,964 3,863
Net cash (oufflow) from	operating	activities	(14,616)	(80,271)